Ibis Styles Cairns/15 Florence Street Cairns City QLD 4870

CBRE Hotels are pleased to offer for sale the freehold going concern interest in the Ibis Styles Cairns.

Key Investment Highlights:
- 75 room 3.5-star hotel featuring 24hr reception and lobby, tour desk, Castaways Restaurant & Bar, function room, meeting room, resort style swimming pool, manager's residence and parking.
- The hotel is currently owner operated under a franchise agreement with Accor Hotels, however offers vacant possession of this agreement.
- Freehold 2,506sqm site located in the heart of the Cairns CBD on the corner of Lake, Florence and Grafton Street. The hotel is directly opposite the new aquarium, new Cairns Performing Arts Centre (CPAC), Munro Martin Parklands and the Cairns 24 Hour Medical Centre and Day Surgery.
- Set to benefit from the recovery of regional corporate travel, tourism and events.